Leach revives debate over Freddie's status

Kulkosky, Edward
April 1997
American Banker;4/16/1997, Vol. 162 Issue 72, p12
Trade Publication
Discusses the debate over the privileged status of Freddie Mac and Fannie Mae after Representative James A. Leach criticized Freddie Mac's purchase of $125 million in Philipp Morris bonds. Financial management strategy; Moral question and legal technicalities; Authority to conduct arbitrage operations; Earnings per share and credit related-expenses; Business strategies and risk management.


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